Cathay Pacific Airways (Cathay Pacific Airways) Change In Receivables : $0 Mil (TTM As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Cathay Pacific Airways Change In Receivables?

Cathay Pacific Airways's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means Cathay Pacific Airways's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Cathay Pacific Airways's change in receivables for the fiscal year that ended in Dec. 2023 was $-1 Mil. It means Cathay Pacific Airways's Accounts Receivable increased by $1 Mil from Dec. 2022 to Dec. 2023 .

Cathay Pacific Airways's Accounts Receivable for the quarter that ended in Dec. 2023 was $554 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Cathay Pacific Airways's Days Sales Outstanding for the six months ended in Dec. 2023 was 15.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cathay Pacific Airways's liquidation value for the six months ended in Dec. 2023 was $-12,142 Mil.

Cathay Pacific Airways Change In Receivables Historical Data

The historical data trend for Cathay Pacific Airways's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cathay Pacific Airways Change In Receivables Chart

Cathay Pacific Airways Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

227.56

483.88

-20.39

90.55

-0.77

Cathay Pacific Airways Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Cathay Pacific Airways Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.

Cathay Pacific Airways (OTCPK:CPCAY) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Cathay Pacific Airways's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	553.535	/	6516.428	*	91
=	15.50

2. In Ben Graham's calculation of liquidation value, Cathay Pacific Airways's accounts receivable are only considered to be worth 75% of book value:

Cathay Pacific Airways's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1988.527	-	14607.544	+	0.75 * 553.535	+	0.5 * 123.819
=	-12,142

Cathay Pacific Airways Change In Receivables Related Terms

Thank you for viewing the detailed overview of Cathay Pacific Airways's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Cathay Pacific Airways (Cathay Pacific Airways) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cathay Pacific Airways Ltd (OTCPK:CPCAY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CPCAF:USA 00293:Hong Kong CTYA:Germany CTY:Germany CTYA:Germany CTY:Germany

Address

88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG

Website

https://www.cathaypacific.com

Cathay Pacific Airways is the largest airline group in Hong Kong. It operated a fleet of 222 aircraft as of December 2022 and carried more than 35 million passengers in 2019. Its route network extends to 119 destinations in 35 countries. The group operates the full-service airline Cathay Pacific and the low-cost carrier HK Express. It also runs the cargo carrier Air Hong Kong.

Cathay Pacific Airways (Cathay Pacific Airways) Headlines

From GuruFocus

Cathay Pacific Airways Launches 12-week Cargo Service to Pittsburgh, Pennsylvania

By PRNewswire PRNewswire • 09-21-2020